73 South Main Street, Waterbury, VT 05676
- $4,495,000
- 16,578
- SqFt
Listing courtesy of Smith Macdonald Group from Coldwell Banker Carlson Real Estate. ()
- List Price
- $4,495,000
- Status
- ACTIVE
- MLS#
- 5002132
- Price Change
- ▼ $100,000 1725574715
- Living Area
- 16,578
- Lot Size
- 37,462
- Acres
- 0.86
- Year Built
- 2004
Property Description
Prime Multi-Family Investment Opportunity in Downtown Waterbury, VT: 20 Units, NOI $330K+ with 7%+ Cap Rate Discover an exceptional investment opportunity in the heart of charming Waterbury, Vermont. This property generates a robust return on investment—the projected NOI growth will reach over $400,000 within the next 12 months. Fully Occupied: The property enjoys 100% occupancy, reflecting its desirability and the strong rental market in Waterbury. Unit Variety: The three buildings offer a diverse mix of 1, 2, and 3-bedroom units. Ample Storage & Parking: Many units come with full basements, providing substantial storage options, and ample parking. Excellent Condition: This property requires limited to no capital expenditures due to its outstanding condition, ensuring a hassle-free investment experience. Ideal Location: Situated within walking distance of all downtown Waterbury amenities. The property offers convenient access to I-89, making it an attractive choice for commuters traveling to Burlington, Montpelier, and beyond. Investment Potential: This property is rare in Waterbury's competitive real estate market. Its strong financial performance, prime location, and excellent condition make it a standout investment.
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Additional Information
- Delayed Showing
- No
- Tax Amount
- $45,925
- Listing Agent
- Smith Macdonald Group
- Listing Office
- Coldwell Banker Carlson Real Estate
- School District
- Washington
- Number Stories
- 2
- Electric
- Circuit Breaker(s)
- Basement
- Unfinished
- Flood Zone
- Yes
- Garage And Parking
- Off Street
- Foundation
- Concrete, Slab - Concrete
- Roads
- Paved, Public
- Driveway
- Paved
- Sewer
- Public
- Units
- 20
- Roof
- Metal
- Zoning
- Downtown Comm
- Heat Fuel
- Gas - LP/Bottle
- Heating And Cooling
- Baseboard, Hot Water
- Seasonal
- No
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